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Inderes Oyj (OHEL:INDERES) Gross Profit : €6.16 Mil (TTM As of Jun. 2023)


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What is Inderes Oyj Gross Profit?

Inderes Oyj's gross profit for the three months ended in Jun. 2023 was €1.07 Mil. Inderes Oyj's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €6.16 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Inderes Oyj's gross profit for the three months ended in Jun. 2023 was €1.07 Mil. Inderes Oyj's Revenue for the three months ended in Jun. 2023 was €4.29 Mil. Therefore, Inderes Oyj's Gross Margin % for the quarter that ended in Jun. 2023 was 24.99%.

Inderes Oyj had a gross margin of 24.99% for the quarter that ended in Jun. 2023 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Inderes Oyj was 46.55%. The lowest was 38.05%. And the median was 41.77%.


Inderes Oyj Gross Profit Historical Data

The historical data trend for Inderes Oyj's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Inderes Oyj Gross Profit Chart

Inderes Oyj Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
2.07 4.05 5.36 5.30 6.79

Inderes Oyj Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.17 2.52 1.39 1.07 -

Competitive Comparison of Inderes Oyj's Gross Profit

For the Capital Markets subindustry, Inderes Oyj's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inderes Oyj's Gross Profit Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Inderes Oyj's Gross Profit distribution charts can be found below:

* The bar in red indicates where Inderes Oyj's Gross Profit falls into.



Inderes Oyj Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Inderes Oyj's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=17.161 - 10.376
=6.79

Inderes Oyj's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=4.286 - 3.215
=1.07

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €6.16 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Inderes Oyj's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.07 / 4.286
=24.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Inderes Oyj  (OHEL:INDERES) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Inderes Oyj had a gross margin of 24.99% for the quarter that ended in Jun. 2023 => Competition eroding margins


Inderes Oyj Gross Profit Related Terms

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Inderes Oyj (OHEL:INDERES) Business Description

Traded in Other Exchanges
N/A
Address
Baltic Sea Market 2, Helsinki, FIN, 00180
Inderes Oyj mission is to bring listed companies and investors together. The company has more than 150 listed companies as customers, which want to serve owners and the investor community by providing better investor communication. Inderes' investor community includes more than 64,000 active members interested in investing in equities.

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